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Long Term Forex Market Analysis


USDCAD Weekly Analysis - October 11, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 October 2015 08:02 UTC
USDCAD broke below 1.3011 support, indicating that consolidation for the long term uptrend from 0.9406 (Jul 26, 2011 low) is underway. Further decline could be expected after correction, and the target would be at 1.2500 area. Resistance levels are at 1.3200 and 1.3456, only break above these levels ...

USDJPY Weekly Analysis - October 11, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 October 2015 08:01 UTC
USDJPY is forming a sideways consolidation in a narrow range between 118.58 and 121.62. Further rise could be expected after consolidation, and next target would be at 125.00 area. Key support is at 116.13, only a break below this level could bring price to 110.00 area.

AUDUSD Weekly Analysis - October 11, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 October 2015 08:01 UTC
AUDUSD failed to break below 0.6907 support and continued its sideways movement in a range between 0.6907 and 0.7439. As long as 0.7439 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), one more fall towards 0.6500 is s ...

GBPUSD Weekly Analysis - October 11, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 October 2015 08:00 UTC
GBPUSD is in downtrend from 1.5929, the rise from 1.5107 is likely consolidation of the downtrend. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance levels are at 1.5400 and 1.5660, only break above these levels could trigger another r ...

EURUSD Weekly Analysis - October 11, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 October 2015 08:00 UTC
EURUSD moved sideways in a narrow range between 1.1087 and 1.1460. The price action in the range is likely consolidation of the downtrend from 1.1713. Another fall could be expected after consolidation and next target would be at 1.0600 area. Key resistance is at 1.1713, only break above this level ...

USDCAD Weekly Analysis - October 4, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 October 2015 04:58 UTC
USDCAD is forming a sideways consolidation in a range between 1.3011 and 1.3456. As long as 1.3011 support holds, the uptrend from 1.1919 could be expected to resume, and further rise to 1.4000 area is possible after consolidation. On the downside, a breakdown below 1.3011 support will indicate that ...

USDJPY Weekly Analysis - October 4, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 October 2015 04:57 UTC
USDJPY continued its sideways movement in a narrow range between 118.58 and 121.62. As long as 118.58 support holds, the sideways movement could be treated as consolidation of the uptrend from 116.13, further rise to 125.00 area could be expected after consolidation. Key support is at 116.13, only a ...

AUDUSD Weekly Analysis - October 4, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 October 2015 04:57 UTC
AUDUSD is facing 0.6907 support, a breakdown below this level will indicate that the downtrend from 0.9504 (Jul 1, 2014 high) has resumed, then next target would be at 0.6500 area. On the other side, as long as 0.6907 support holds, sideways consolidation in a range between 0.6907 and 0.7439 could b ...

GBPUSD Weekly Analysis - October 4, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 October 2015 04:56 UTC
GBPUSD remains in downtrend from 1.5929. Further decline could be seen over the next several weeks, and next target would be at 1.4700 area. Resistance levels are at 1.5400 and 1.5660, only break above these levels could trigger another rise towards 1.6500.

EURUSD Weekly Analysis - October 4, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 04 October 2015 04:55 UTC
EURUSD remains in downtrend from 1.1713, the rise from 1.1087 is likely consolidation of the downtrend. Deeper decline is possible after consolidation, and next target would be at 1.0600 area. Resistance levels are at 1.1460 and 1.1713, only break above these levels could trigger anther rise towards ...

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